Apple to pay 25% tariff if phones not made in US, Trump says

ReutersMay 23, 2025 11:26 AM

May 23 (Reuters) - U.S. President Donald Trump said on Friday Apple AAPL.O will have to pay a 25% tariff if phones sold in the country are not made within its borders.

Shares of the iPhone maker fell more than 3% on the news in premarket trading.

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